May 2023 presentation availableThe May 2023 presentation is now available on the FLYHT site.
https://flyht.com/wp-content/uploads/2023/05/FLY_Invst_Pres_May-2023.pdf A snip or three...
Weather addressable market
5 main Meteorological Agencies worldwide
UK Met opportunity to set a precedent
Per-agency investment potential up to $2-3M/year
WVSS line fit potential: 78 aircraft/month/OEM
Annual AFIRS Edge & Weather products SaaS potential
Assumes 500 AFIRS 228/Edge shipments in 2024, growing to 1,600 in 2028
5,000 cumulative installs from 2024 to 2028 represents 20% market share
Range from $6,000 to $8,400 SaaS per airframe per year
Investment Thesis
TAM: FLYHT extremely well positioned to capture meaningful share of $750M Hardware TAM and $3.0B lifetime SaaS (Total Adressable Market)
WVSS TAM $2-3M/year per agency (5 main agencies)
3G/LTE obsolescence provides significant opportunity
First Mover Advantage: right product, right features, experienced sales team
SaaS: Revenue component to grow rapidly with Edge device deployment and upsell capability
Team: Recent hires from key competitor bolster sales efforts and validate FLYHT’s position and strategy
Change Catalysts: numerous powerful catalysts should drive accelerated growth and jump start valuation